Lockheed Martin is a global aerospace, defense, security, and advanced technology company that specializes in designing and manufacturing innovative systems, products, and services for government and commercial customers. The company is primarily known for its development of advanced military aircraft, missile defense systems, and space exploration technologies. Lockheed Martin also plays a key role in various programs related to cybersecurity, autonomy, and advanced manufacturing, focusing on fostering technological advancements that enhance national security and support international defense initiatives. Through its various sectors, the company aims to address complex challenges and provide cutting-edge solutions to enhance safety and security for its clients around the world. Read More
Let's have a look at what is happening on the US markets before the opening bell on Wednesday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
The Pentagon slashed its Air Force F-35 fighter jet request from 48 to 24 aircraft, delivering a significant blow to Lockheed Martin Corp. (NYSE: LMT) amid sweeping defense budget cuts.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Large-cap defense stocks will be among the biggest winners in a Golden Dome project; here are three companies that will likely be among the biggest winners
The Congressional Budget Office estimates that the U.S. may have to spend as much as $542 billion over 20 years to develop and launch the space interceptors.
